Page Menu

Rates

Hoosier Electric Cooperative electrical rates are based on wholesale power costs plus operation costs. We strive to provide the best possible electrical service at the lowest possible price.

Hoosier Electric Cooperative uses a step rate to allow larger usage members to benefit from a declining cost per kilowatt-hour. A base charge per month helps pay for the standard service, such as the transformer, meter, secondary wire, etc., as well as the interest, taxes, and maintenance costs associated with that service.

Residential Rates

  • Base: $19
  • First 1,000 kilowatt-hours: $0.1123
  • Next 1,000 kilowatt-hours: $0.0917
  • Over 2,000 kilowatt-hours: $0.0817

For example, a member using 1,200 kilowatt-hours would have charges like this:

1000 times 0.1123 = $112.30
200 times 0.0917 = $18.34
Base Charge: $19
Total Billing: $149.64

Irrigation Rates

  • Base: $30 (No kilowatt-hours used)
  • Demand: $11.24 all kilowatt-hours
  • First 5,000 kilowatt-hours: $0.0630
  • Next 20,000 kilowatt-hours: $0.0575
  • Over 25,000 kilowatt-hours: $0.0513

Small Commercial Rates

  • Base: $40 (No kilowatt-hours used)
  • Demand: $11.24 all kilowatt-hours
  • First 2,000 kilowatt-hours: $0.0805
  • Over 2,000 kilowatt-hours: $0.0730

Large Commercial Rates

  • Base: $59 (No kilowatt-hours used)
  • Demand: $11.24 all kilowatt-hours
  • First 10,000 kilowatt-hours: $0.0802
  • Next 15,000 kilowatt-hours: $0.0697
  • Over 25,000 kilowatt-hours: $0.0666

Security Lighting Rates

  • 100 Watt High-Pressure Sodium (HPS) / 175 Watt Mercury Vapor (MV) / 73 Watt Light-Emitting Diode (LED)
    • Existing pole: $8.50
    • Additional pole: $9.50
  • 250 Watt HPS / 400 Watt MV
    • Existing pole: $10.50
    • Additional pole: $11.50